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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (13041)10/7/2004 1:01:00 PM
From: The Duke of URLĀ©  Read Replies (1) of 116555
 
Glass Stegal was a law that was enacted after The Great Depression to prevent banks from buying companies. Congress tried to revoke Glass Stegal, Clinton vetoed it. Clinton was removed. Glass Stegal was revoked.

OUR TAKE

Citigroup Takes On Intel
The Motley Fool Take
Semiconductors

By Rich Duprey
October 7, 2004

Financial services giant Citigroup (NYSE: C) is set to challenge Intel (Nasdaq: INTC) for dominance of the semiconductor industry. Well, sort of.

Three years ago, South Korea's Hynix Semiconductor was heavily indebted to some 16 banks and 190 creditors in the midst of the worst industry downdraft ever. When prices of dynamic

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